What Is HorseDrace (HORSEDRACE)?
HorseDrace is a play-to-earn PVP style horse racing game where players compete for top placement against 5 other racers. Each race has randomized races variables which include accelaration, speed, stamina. Using strategic upgrades and foods, players must place in the top 1 to earn the platforms utility token, $HORSEDRACE.
Within the game, players are able to fusion, rent, sell, and of course race their Horses to earn $HORSEDRACE tokens. This system has proven to be a sound long-term economic approach when building an NFT/Blockchain based game as it enables teams to build large guilds, scholarship programs, and even provides solo players the opportunity to earn in game tokens through daily racing.
HorseDrace Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | HorseDrace |
| Short Name | HORSEDRACE |
| Circulating Supply | 270,000,000.00 HORSEDRACE |
| Max Supply | 1,000,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Horse Racing
A set amount of horses participate in each race. Every horse owner can participate in a hippodrome race for a set fee. The hippodrome selects its participants by pre-set parameters. The winning horse collects 70% (15% to Holders , 15% to marketings of $HORSEDRACE) of all participant fees and additional prizes.
The races are based on RNG technology, therefore the winner of the race is random. The speed and stamina parameters play a role – it might influence the win but does not guarantee it.
Each speed parameter point gives a chance to win diluted by the total amount of participants’ speed sum. The RNG algorithm is widely used in video games, statistical sampling, computer simulation, cryptography, etc
NFT Horses
Like real-life racehorses, HorseDrace horses have different traits that define their rarity, performance, cool-down time, and ultimately value. They are 100% one of the kind. A horse is a valuable asset that allows you to participate in races and earn payouts.
Every NFT horse has a set of visible and hidden characteristics:
- Visible: sex, color, shape, breed and racing cool-down energy
- Hidden: speed , stamina and accelaration
Speed and stamina are the key factors of winning the race. Speed and stamina can be speculated from horse appearance, bloodline (fusioned genetics), and previous race statistics.
Full Automatization
After the race, the horse owner and the bettors get a payout of their winnings. The payout system is fully auto-calculated, therefore there is no place for manipulation. It is based on preset algorithms, guaranteeing there is no room for miscalculations.
The bettors can play without actually being online. There is no need to administrate the races, they can be run completely automatically. The owners of the horses can register their horses for future races, which can also happen with them being offline.
Buying and Selling
NFT horses can be sold in the marketplace or any other NFT marketplace. The owner has complete control of their NFT horses and HorseDrace coins stored in an assigned wallet.
The player can buy both randomly generated or fusion horses with a bloodline and race history. The horses (pre-purchased or fusioned) can be sold for a fixed price or via auction.
- If the user decides to buy a horse from the marketplace for a fixed price, HorseDrace coins are being written off from their wallet. Purchased NFT horses are accounted to their wallet
- If the user has purchased a horse for a fixed price from another user. NFT horse ownership is reassigned to the corresponding buyer’s wallet. HorseDrace coins are reassigned to the user that sold the horse.
NFT tokens
A non-fungible token is a unit of data stored on a blockchain, that certifies a digital asset to be unique and therefore not interchangeable. It means that NFTs are unique. They cannot be duplicated or replaced – only one token can exist. BSC allows users to easily store, create and send NFT tokens, therefore the BSC network is the one of the market leader.
NFTs can be used to represent items such as photos, videos, audio, and other types of digital files. NFTs are frequently used to sell a wide range of virtual collectibles, including NBA virtual trading cards, music, digital images, video clips, and even virtual real estate in a virtual world. In this case, NFT technology allows us to create and store unique horses as NFT tokens. Each horse is different and has its own unique characteristics. Later on, horses will be able to be sold, gifted, or exchanged to other BSC wallet users directly through our platform, or third-party NFT marketplace.
